1570 James River RdScottsvilleVA24590
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Scottsville at 1570 James River Rd, Scottsville, VA, 24590 earns from $3,650/mo rent with a $5,286/mo payment. Total monthly income totals $3,650/mo. ROI tracks 10.75% on current figures, and rental yield reads 4.06% at a $1,080,000 purchase. Equity gained on principal adds $6,969/yr, and 5% annual appreciation supports $298,384 over five years. Five-year ROI reaches 53.32% and total cumulative return in cash sums $186,592. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,650/mo property income instead of your personal income.
Single Family
Built in 2023
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24590, Scottsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,739 (100%) |
| Owner Occupied HU | 2,733 (73.1%) |
| Renter Occupied HU | 612 (16.4%) |
| Vacant Housing Units | 394 (10.5%) |
| Median Home Value | $333,301 |
| Average Home Value | $423,589 |
Housing Distribution
Address Breakdown
Residential
3,256
Single Family
3,256
Multi-Family
0
Businesses
187
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Listed by: ERIN GARCIA • LORING WOODRIFF REAL ESTATE ASSOCIATES
Mls Name: CAAR
Mls ID: #668496